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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: waverider who wrote (18060)4/5/1998 11:59:00 PM
From: RGinPG  Read Replies (1) of 95453
 
Short Nasdaq
Long PDS

About thread originator:

Member 1377045

Message 3255723

Looks like Koch went techie.

<TA>Stochs are hanging around nicely in the overbought area still, the first time in 6 months it has done so. I'm thinking this is good. A few stocks (NBR, TDW) actually fell enough to come close to giving buy signals. I like the way things look for next week. And if I'm wrong?.... Well at least I own fundamentally sound companies.

Many charts look like they're hitting the lower BBands (which occurs much more quickly and with much less weakness in an uptrend as opposed to a flat or downward trend). The consolidation the two days after the big runup was positive IMO.

Signed: Never to be less than 80% invested again RG
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